Kimi's Parent Company Moonlight Dark Side Launches Hong Kong IPO with Valuation of $50 Billion

Kimi's parent company Moonlight Dark Side has initiated its Hong Kong IPO, aiming to raise funds with a valuation of $50 billion. Multicoin Capital's former co-founder has joined the Backpack board in the U.S., having previously considered exiting the space. Trump has stated he is ready to strike Iran again, claiming that we have complete control over the Strait. Officials in New Jersey have requested the U.S. Supreme Court to hear the Kalshi sports betting contract case. Grayscale reports that the allocation of stock assets among American households has risen to 46.71%, with crypto assets providing diversification opportunities. Crypto trader Rune clarified that a tweet about acquiring a U.S. listed company was generated by Claude, noting that the figures were fabricated and exaggerated. Trader 0xSun pointed out that the rise of JINQIAN and FAMI differs from the typical short squeeze logic seen in on-chain tokens. Bonkguy believes that the recent market movements of Robinhood and BNB Chain may just be a warm-up, with the real trends possibly starting in the fourth quarter. Wintermute indicated that RWA could become a new liquidity channel in the next crypto bull market. The supply of tokenized stocks on the Solana blockchain has reached an all-time high, with $60 million deposited into lending protocols. U.S. Treasury Secretary Yellen noted that parties related to digital assets may become targets of the next round of sanctions. Trump's crypto ally David Bailey has faced a 99% stock price crash, while Bitcoin treasury company Nakamoto seeks a turnaround. Capital B has secured an $8.8 million investment from Adam Back, planning to acquire up to 376 BTC.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.